Elaine Meinel Supkis
Even though the government of Taiwan rejected the pandas, China's leadership continues to press for influence using business connections, of course. Money talks. Just like it does, here. Meanwhile, Condi and Bush decide to trivialize Hu's important business trip here and plan to insult him repeatedly. How *clever*.
The Chinese mainland on Saturday announced a new package of policies to promote economic and trade relations across the Taiwan Straits.Chen Yunlin, director of the Taiwan Work Office of the Communist Party of China (CPC) Central Committee, made it public at the end of the two-day Cross-Straits Economic and Trade Forum, as a further step the mainland has taken to boost cross-straits exchanges and cooperation in favor of Taiwan compatriots.
The package is comprised of three sets of policies directly stipulated by the State Council and 12 others formulated by the relevant central government departments.
The three sets of State Council policies are as follows:
-- To add four species in a list of Taiwan-grown fruits, which currently have 18 species, for Taiwan exporters.
-- To adopt a zero-tax on imports of 11 kinds of vegetables produced by Taiwan farmers.
-- To allow more imports of Taiwan's aquatic products, with zero-tax on some of the products, and allow Taiwan fishing boats to enjoy equal policies as their mainland counterparts for selling their own products.
And excetera. Meanwhile, thanks to American diplomacy, the price of oil on the world markets has shot up yet again. I'm sure everyone who isn't an oil pumping nation is absolutely thrilled by all this. Not. We think everyone is cowering in fear over the tiny nation of Iran. Especially the USA, seemingly, the scardiest of the trembling lambies. It is quite peculiar, seeing America pretend to be frightened. One would think a powerful nation would rather walk over hot coals than look scared all the time but here we are, terrified tots straight down the line.
Meanwhile, Chad is pissed at the World Bank and is cutting oil production, too!
YAOUNDE, April 15 (Xinhua) -- The Chadian government issued a statement Saturday, threatening to stop oil production unless the World Bank unfrozen its oil revenues in a London escrow account.According to reports reaching here from Chad's capital of N'Djamena, the decision was made after a meeting between President Idriss Deby and his Cabinet ministers.
Chad signed a oil development deal in 1988 with a consortium headed by U.S. oil major Exxon Mobil. The deal led to the construction of a 3.7 billion U.S. dollars pipeline that could carry inland Chad's oil to Cameroon's Kribi terminal.
Under the deal, Chad, which produces 160,000-170,000 barrels of crude per day, gets a 12.5 percent royalty on each barrel exported by the consortium.
The World Bank financed the construction of the oil pipeline on condition that Chad adopted a oil law to allocate most of its oil revenues to alleviate poverty.
However, Deby signed a decree in January amending the World Bank-supported oil law, reducing funds to help the poor.
As a result, the World Bank suspended all loans to Chad and froze a London-based escrow account that collected revenues from the pipeline.
Hey, can we do that here? Get the World Bank to allot oil revenues for the poor? Haha! And pigs will do loop de loops high in the sky, too! This, too will drive up the price of oil even more. Seems everyone is pulling the oil trigger now. No matter what we or Israel do, it will cause the price of oil to shoot up and today, at the news stands, I saw the New York Post, a totally right wing rag owned by Murdoch, screaming headlines about the high cost of fuel. "Holy Oil!"
Seems there is some unsettled unhappy people in the Heartland. China seems unruffled by the high cost of oil. Japan is grinning and bearing it since they stupidly drove the yen into the pits to continue penetration of America's markets but this means their dollars they retain are losing value pretty fast and this can get very expensive very quickly for them. The Chinese yuan is happily rising in value which is bad for us for it makes us look stupid and cheap. Just as we are trying to buy lots of oil with our increasingly cheap dollars.
So, time for us to insult our bankers yet again! US News Report:
By Bay Fang
4/24/06
It was the week before the presidential summit, and in Washington, a series of key trade negotiations have just set the stage for talks between President Bush and President Hu Jintao of China. The Chinese have promised to reopen their market to U.S. beef and committed themselves (again) to reduce piracy of American goods, among other things--but the concessions all come as a surprise. "It went better than we expected, frankly," says a trade official close to the negotiations. "Usually, all the negotiations are done in the two months before the talks, but this year, up until a couple days before we met we had no idea if they would bring anything to the table."President Hu is coming to Washington, and by all accounts, expectations are low. With the U.S. trade deficit with China hitting a record $202 billion in 2005, and contentious issues like Chinese currency values and protection of intellectual property rights, there is more than enough for the two leaders to discuss--but neither side is expecting to get a whole lot of substance accomplished during this visit. "It's all about managing a modest agenda toward a modest success," says Kevin Nealer, a partner in the Scowcroft Group, an international advisory company, who specializes in China. "It's making meetings between two heads of state look normal."
That in itself could be an important accomplishment. There are tensions, after all, not only over trade but also over China's growing military and political influence in Asia, its threats toward Taiwan, its competition for energy resources, and its human-rights abuses. The Chinese worry about whether the United States is moving toward a containment policy with Bush's diplomatic moves such as his recent embrace of India.
Smile. For Chinese officials, a key part of what they are unilaterally calling a "state visit" is the photo ops. After much negotiation, Hu on Thursday will receive a ceremonial welcome on the South Lawn and a 21-gun salute. He will be treated to a formal luncheon at the White House, though not a state dinner (since the Bush administration doesn't regard this as a state visit). "The Chinese people want to see their president treated as a great leader," says Michael Green, until recently the head of Asian affairs at the White House's National Security Council. "Whereas in Washington, the American public and Congress want to see the Chinese being held accountable on a number of issues."
The Chinese are not stupid. They know when they are being insulted. They carefully gage every possible permutation of public display when hosting other nations. They rolled out the red carpet in every direction when Putin came. Bush, on the other hand, tries to treat Putin as a low level flunky, even openly boasting about calling him "Pootie Poot." The Chinese leaders come and go from Russia now, easily, all the time and their chats there are utterly opaque to our straining ears but I can easily imagine what these leaders are whispering into each other's eager ears!
Condi and Bush seem to have a nack for insulting people. Bush displayed that today by slapping little children in the face because their mommies and daddies wanted to take them to an egg roll but they were the wrong mommies and daddies. Gah.
And what is this "threat to Taiwan"? Perhaps the State Department should start reading my blog. The patient, clever, NON INSULTING courting of Taiwan continues. Like peeling an apple, the Chinese leaders carefully cut away unity against them, they are succeeding marvelously and will win, quite peacefully, in the end. This is their plan. They want an intact, friendly, cooperative Taiwan, not an Iraq on their hands! This is called "being smart."
Luckily for Hu, Congress will be in recess. Some of his biggest critics are on Capitol Hill, where lawmakers have introduced two bills threatening punitive trade sanctions if China does not allow its currency to rise. U.S. manufacturers contend that China's yuan is undervalued by as much as 15 to 40 percent, giving Chinese goods an unfair advantage that costs American jobs and contributes to the trade deficit. "The failure of China to permit its currency to move, as most other countries in the world are doing, leads to a major protectionist trade reaction here in the United States," says C. Fred Bergsten, director of the Institute for International Economics in Washington.
This explains why the yen is so cheap. Gads. Talk about a bunch of dummies. Do we imagine the Chinese are as stupid as us? That they haven't noticed we use Japan to hide our budget deficit even if this means killing our trade values vis a vis Japan? Of course not. The yen is super cheap and the yuan is beginning its historic climb as it reveals itself as the world's strongest currency.
The Chinese FOREX dwarfs ours! And it is bigger than Japan's! This means something, everyone, something historically big, like huge, er---"end of the British Empire" big! And we need that money they are holding and so we are going to insult them? Cut off trade? Guess who holds a zillion factories? Us or them? And unlike Japan, China has a giant internal market and they intend, in the end, to primarily service IT not US.
Americans ask, "don't our manufacturers have to sell to us?" and I will tell you, "NO!" They don't want to nor need to. Soon enough we will find out they want to cut down our use of automobiles, for example, so they can drive super fast, big cars while we bicycle on the shoulder of their roads which will no longer be congested. The air will be clean and they will be supremely happy and we get to live at a much lower level, thank you!
This is the plan. Meanwhile, we play infantile diplomacy games with the world's biggest economic super power (we are NOT THAT ANYMORE!).
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